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Number of ETH Exiting Ethereum PoS Network Reaches 914,690, Over 623,750 ETH Waiting to Join
Summary: According to ValidatorQueue data, the number of ETH exiting the Ethereum PoS network has reached 914,690, valued at approximately $40.3 billion, with withdrawal delays extended to 15 days and 21 hours. At the same time, there are approximately 623,750 ETH waiting to join the network, valued at around $27.5 billion, also showing an upward trend, ...
According to ValidatorQueue data, the number of ETH exiting the Ethereum PoS network has reached 914,690, valued at approximately $40.3 billion, with withdrawal delays extended to 15 days and 21 hours.
At the same time, there are approximately 623,750 ETH waiting to join the network, valued at around $27.5 billion, also showing an upward trend, with a current queue time of 10 days and 20 hours.
This situation reflects two opposing forces in the market: some stakers may be cashing out after the significant rise in ETH since the April low, leading to a surge in the exit queue; on the other hand, new funds entering the market driven by regulatory optimism and institutional demand are also boosting the entry queue, with companies like SharpLink Gaming and BitMine Immersion increasing their ETH holdings and staking.
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Link: Number of ETH Exiting Ethereum PoS Network Reaches 914,690, Over 623,750 ETH Waiting to Join [Copy]